NOT LISTED FOR SALE
2 Beds
-- Bath
1,232 Sq Ft
5,663 Sq Ft Lot

Sale Details

Date Sold: April 17, 2014

Last sale price $540,000 $438 Per Sq Ft

158 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of April 2014

Great investment with good source of income. Each unit pays 1,400.00 a month. Newly painted bldg. & fences. Granite counter tops/gas stove/central heating/air conditioning. Hardwood floors. Large private yards/1 car garage a unit with newer garage door. Laundry hook ups. Tenants pay for all utilities.

Last Agent to Sell the Property

Anoush Babayan

California Star Realty License #00916267 Listed on: 10/11/2013

Last Buyer's Agent

Kirsty Duncan

Christie's International Real Estate Sereno License #00892930

Christie's International Real Estate Sereno

Property Details

Home Type

  • Multi-Family

Year Built

  • 1945

Lot Details

  • 5,663

Parking

  • Private Parking

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,232 Sq Ft Home
  • 1-Story Property
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Wood
  • Tile

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $33,600

Community Details

Overview

  • 1,232 Sq Ft Building

Building Details

  • Insurance Expense $500
  • Maintenance Expense $2,000
  • Manager Expense $2,400
  • Operating Expense $11,494
  • Gross Income $33,600

Property Details

Home Type

Multi-Family

Year Built

1945

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Inspections Reports: Fault Zone, Geological/Flood, Flood Zone
  • Sale Price Per Sq Ft: 438.31
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1232
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1945

Interior Features

  • Kitchen: Garbage Disposal, Oven Range, Varies By Unit, Refrigerator
  • Living Sq Ft: 1232
  • Stories: 1
  • Laundry: In Garage
  • Flooring: Tile, Hardwood

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Private / Exclusive

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5750.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5750.00
  • Lot Size Area Min Search: 5750.00
  • Maximum Lot Size: 5750.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 16.34

Multi Family

  • Expense Insurance: 500
  • Expense Maintenance: 2000
  • Expense Management: 2400
  • Expenses Total: 11494
  • Expense Water Sewer: 720
  • Income Annual Gross: 33600.00
  • Income Annual Rental: 33600
  • Income Gross Scheduled: 33600
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Fee - License/Advertising, Maintenance - Repair, Fee - Property Management, Fee - Property Tax, Services - Sewer, Supplies
  • Tenant Expenses: Services - Gardener/Landscaping, Utilities - Gas, Utilities - Water, Utilities - Heating, Utilities - Hot Water, Utilities - Electric, Services - Trash Removal
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2014 04/17/14 Sold $540,000 -1.6% $438 / Sq Ft
03/18/2014 03/18/14 Pending -- -- --
10/11/2013 10/11/13 For Sale $549,000 -- $446 / Sq Ft
Source: MLSListings

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,804 $661,954 $459,692 $202,262
2024 $9,804 $648,976 $450,679 $198,297
2023 $9,575 $636,252 $441,843 $194,409
2022 $9,475 $623,778 $433,180 $190,598
2021 $9,216 $611,548 $424,687 $186,861
2020 $8,927 $605,278 $420,333 $184,945
2019 $8,696 $593,411 $412,092 $181,319
2018 $8,581 $581,776 $404,012 $177,764
2017 $8,493 $570,370 $396,091 $174,279
2016 $8,300 $559,187 $388,325 $170,862
2015 $8,235 $550,788 $382,492 $168,296
2014 $5,929 $420,668 $315,897 $104,771
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81405931

MLSListings

APN: 249-11-060

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